April 4, 2014

Related: What did the Treasury Dept. Know About GM’s Problems and When did they Know it? “Here’s the chart of GM’s stock for the last six months. Did the Treasury Department get lucky with it sales or is the government guilty of insider trading? Is GM guilty of securities fraud for not mentioning the switch defect in their IPO prospectus? Did the Treasury Department know about the switch defect and still let GM go public without the proper disclosures?” I’m not expecting much from Obama’s SEC, but I wonder if we could see private suits? If Obama were a Republican, such suits would be certain.